AFLAC INC (AFL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AFL • US0010551028
We assign a technical rating of 6 out of 10 to AFL. In the last year, AFL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AFL is part of the Insurance industry. There are 147 other stocks in this industry. AFL outperforms 73% of them.
- AFL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AFL has a been trading in the 106.32 - 119.32 range, which is quite wide. It is currently trading near the high of this range.
- AFL has an average volume of 2422400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, AFL outperforms 65% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AFL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
99.98
2 important support areas can be observed.
- A support zone ranging from 105.16 to 110.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @100.99 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AFL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFL is up. |
| ChartMill Relative Strength | 65.27 | NEUTRAL | AFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.04 | OVERBOUGHT | The high RSI value suggests AFL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests AFL has a positive trend. |
| Stochastics (14,3) | 84.53 | OVERBOUGHT | The high Stochastics value suggests AFL may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for AFL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for AFL suggests a weak or negative trend. |
117.15
-0.32 (-0.27%)
AFLAC INC / AFL FAQ
What is the ChartMill technical rating of AFLAC INC (AFL) stock?
ChartMill assigns a technical rating of 6 / 10 to AFL.
Can you provide the trend direction for AFLAC INC?
The current trend direction for AFLAC INC (AFL) is Bearish.
What is the RSI signal for AFL stock?
AFLAC INC (AFL) has an RSI value of 75.0376. This indicates that the stock is currently overbought.
What is the MACD signal for AFL stock?
The MACD indicator for AFLAC INC (AFL) has a value of 0.813189, indicating a bearish trend.
What is the short term momentum for AFL stock?
The short term momentum for AFLAC INC (AFL) is positive.